Lost my no claims bonus

John225 · 02-10-2019 9:11pm #1

Hello! For the last four years, i have not had a car. Previously, I was a customer of axa insurance for about 15 years. I used to have a no claims bonus but now I have lost it. Which company is the cheapest for me to renew with? And how much would it cost if I got the basic third party insurance for my car? It is for a 2006 1.4 petrol car. Thanks!

ampleforth · 02-10-2019 9:13pm

John225 wrote: »

Hello! For the last four years, i have not had a car. Previously, I was a customer of axa insurance for about 15 years. I used to have a no claims bonus but now I have lost it. Which company is the cheapest for me to renew with? And how much would it cost if I got the basic third party insurance for my car? It is for a 2006 1.4 petrol car. Thanks!

Find yourself an agent who compares across a range of insurance providers and pull a quote. It will cost your 50 Euro but saves you the hassle to call around and tell the story 10 times...

FutureTeashock · 02-10-2019 9:14pm

Aviva was the cheapest for me after extenisve searching. Adding a named driver cut the price substantially.

Good luck!

Eggs For Dinner · 03-10-2019 7:54am

ampleforth wrote: »

Find yourself an agent who compares across a range of insurance providers and pull a quote. It will cost your 50 Euro but saves you the hassle to call around and tell the story 10 times...

There is no set fee that brokers charge, €50 would be on the high side and they only charge you if you place business with them. Obtaining quotations are free

punisher5112 · 03-10-2019 7:58am

Try and get a car newer then that if possible as they load for older cars.

Just ring as many as you can brokers and insurance companies and do online quotes.

Someone could find AA the best or liberty or Aviva or bank of Ireland etc etc....

They are all nuts

kjpf · 03-10-2019 8:56am

Was in a similar situation last year, I found KennCo to be the cheapest by a fair bit although was still fairly costly!

Anna2834 · 03-10-2019 9:44am

Post Insurance - difference of about 350 euro. AA wanted 952 and Post Insurance asked for 600, this is for a brand new car, with a small engine (SUV type).

John225 · 04-10-2019 1:24pm

Sorry for not replying in the last few days

. I've been talking to a lot of these insurance companies. I have bought my car and i am getting it insured on monday with dempsey insurance because they live close to me. It's still expensive but axa told me that they will insure me next year. Thanks for all your suggestions. I have listened to a few of them and they have greatly helped me.

seagull · 08-10-2019 2:20pm

Strangely enough, it's quite often cheaper to get fully comprehensive insurance than just third party. I hope you got quotes for both.

punisher5112 · 08-10-2019 2:23pm

Put value of the car at €5000 or more even if only worth €1000... This can change the price too and putting a named full licence driver on the policy can drop it too.

ampleforth · 12-10-2019 3:58am

punisher5112 wrote: »

Put value of the car at €5000 or more even if only worth €1000... This can change the price too and putting a named full licence driver on the policy can drop it too.

That sounds odd. Why would a lower price increase the cost of insurance ? Are they not calculating it in for the cost of what you may claim for your car?

punisher5112 · 12-10-2019 9:55am

ampleforth wrote: »

That sounds odd. Why would a lower price increase the cost of insurance ? Are they not calculating it in for the cost of what you may claim for your car?

I don't know why but it does change the premium for many.

They won't pay out 5k only what it's worth.

Lost my no claims bonus

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